Nashville Symphony cannot count on banks to step in

Two real estate crashes ago, I wondered what banker in his or her right mind would have lent the last few million dollars to those wild and crazy real estate moguls - who were already up to their ears in debt to other banks.

Today, I wonder why anybody around here expects a bank to continue to finance the Nashville Symphony when it is posting operating losses in excess of $10 million a year.

The Tennessean continues to suggest that someone step up to save the symphony but, so far, no one has. Perhaps when the plans for the state-of-the-art center were being finalized, The Tennessean should have questioned why its major supporters referred to Chicago and New York when planning what kind of symphony hall Nashville could afford to build.

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Nashville Symphony cannot count on banks to step in

Two real estate crashes ago, I wondered what banker in his or her right mind would have lent the last few million dollars to those wild and crazy real estate moguls ? who were already up to their